Panel Backs Mich. In Utility's Power Cost Clawback Bid

By Ryan Harroff (January 19, 2024, 6:27 PM EST) -- A Michigan state appeals court stood by a Wolverine State utility commission's decision that an American Electric Power subsidiary cannot get reimbursed for more than a million dollars it overpaid to supply energy to consumers, stating that the overpayment is a type of cost the company's shareholders should shoulder....

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